If the publication is set up to generate snapshot files in both the Publisher working directory and Publisher snapshot folder, the result set contains two rows: the first row contains the publication snapshot folder, and the second row contains the publisher working directory.

sp_browsemergesnapshotfolder is useful for determining the directory where the merge snapshot files are generated. This folder/path and its contents can then be copied to removable media, and the snapshot used to synchronize a subscription from an alternate snapshot location.